Macau's casino revenue falls for 12th straight month
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Hong Kong
MACAU's casino revenue fell for the 12th straight month in May, as China's battle against graft and a slowing economy kept high rollers and vacationing gamblers away.
Gross gaming revenue in the world's largest gambling hub dropped 37.1 per cent to 20.35 billion patacas (S$3.44 billion) according to data released by Macau's Gaming Inspection and Coordination Bureau. That compares with the median estimate of a 38.5per cent decline from seven analysts surveyed by Bloomberg.
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